# PASSASSURED LIMITED (12475819)

> PASSASSURED LIMITED is an active private limited company (company number 12475819) incorporated on 21 February 2020, registered in London. Its registered activity is driving school activities (SIC 85530). Latest micro accounts cover the period ending 28 February 2025, showing net assets of −£29k, with 1 employee on average. Turnover was £73k and profit for the year −£6,113. Net assets fell 26% on the prior period (−£23k).

- Status: Active
- Incorporated: 2020-02-21
- Registered office: London, EC1V 2NX
- SIC 85530: Driving school activities
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-03-07
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 248 comparable companies in London (median £229, upper quartile £5,390).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | −£29k | — | — | £30k | £73k | −£6,113 | 1 |
| 2024-02-29 | −£23k | — | — | £40k | £71k | −£3,418 | — |

current ratio 0.02; net margin -8.4%; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-29,257 at 28 February 2025
- Net assets down 25% or more on the prior period: -26.4% vs prior period
- Current assets below creditors within one year: Current ratio 0.02
- Incorporated five or more years ago: Incorporated 21 February 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Olusegun Okpara Aikhena — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-02-21

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12475819
HTML: https://firmoscan.com/company/12475819-passassured-limited